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a lot of people don't like grover norquist you've defended him. you come from the same place in a lot of things. here's where i take issue. he said increasing taxes avoids the conversation on having the spending discussion. i said i don't think that's causal. i think we can agree we're not having a robust-enough conversation on how to deal with spending in this country and how to make government more efficient. is it a fact by raising taxes we're just not going to have that discussion? >> yeah, i believe so. i believe every time you raise taxes it reduces the pressure to cut spending and i agree with grover on that i want to take issue on one thing you said to grover that i think is a little unfair. the vote we had last week, the job boehner plan b, which actually there was no vote -- >> you know, you've been saying, these guys are just following the instructions of grover nor quest. look, i actually think republicans made a mistake personally in not approving plan b. but you know, the people voted against it are the ones who said they were going
a lot of people don't like grover norquist you've defended him. you come from the same place in a lot of things. here's where i take issue. he said increasing taxes avoids the conversation on having the spending discussion. i said i don't think that's causal. i think we can agree we're not having a robust-enough conversation on how to deal with spending in this country and how to make government more efficient. is it a fact by raising taxes we're just not going to have that discussion? >>...
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that person is grover norquist, the head of americans for tax reforms. it's got a pledge that mostly republicans members of congress signed to say they won't raise taxes under any circumstances. i spoke to nor i didn't see after friday's developments and asked him about taxes and his almost religious belief that tax increases, any tax increase, is bad for the economy. >> we've seen that whenever you've raised the capital gains tax, the top marginal tax rates, but also tax increases distract from what the country needs to do. we need to deal with our runaway government spending. the government is spending too much money. tax increases are not part of cutting the budget. tax increases are what politicians do instead of reform the government. as long as tax increases are on the table, the politicians never even think about reforming government. >> and i understand. you have been on this fight for a long time and you've been devoted to the whole idea of not seeing taxes increase anywhere. but what we're down to right now is largely a political battle over th
that person is grover norquist, the head of americans for tax reforms. it's got a pledge that mostly republicans members of congress signed to say they won't raise taxes under any circumstances. i spoke to nor i didn't see after friday's developments and asked him about taxes and his almost religious belief that tax increases, any tax increase, is bad for the economy. >> we've seen that whenever you've raised the capital gains tax, the top marginal tax rates, but also tax increases...
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i have spoken to grover norquist and wolf has spoken to grover norquist more than we have spoken to our families in the last few days. he's making an interesting philosophical point. if we let these guys go ahead with some kind of tax increase on people above $450,000, we can then move the discussion to spending. so far, the spending is a much more complicated part of the deal. it's a much harder deal to make than to arrive at what percentage to charge and at what threshold. the republicans are hoping that this debate that goes on for two months and longer is now going to go to spending. is that a good bet? >> mark that on your fiscal calendar. when jessica said to us the deal with the sequester, which has been the big open question. remember house republicans' questioning of this. when that gets moved to february, we're doing this all over again. maybe there's a chance to get our deficit and debt in line. the downside, we're going to be playing with fire again walking right up by the edge of the cliff. >> the tax rate and how much you tax, that was actually never really a grand bargain
i have spoken to grover norquist and wolf has spoken to grover norquist more than we have spoken to our families in the last few days. he's making an interesting philosophical point. if we let these guys go ahead with some kind of tax increase on people above $450,000, we can then move the discussion to spending. so far, the spending is a much more complicated part of the deal. it's a much harder deal to make than to arrive at what percentage to charge and at what threshold. the republicans are...
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grover norquist, president of americans for tax reform. norquist's pledge signed by almost all republicans in congress forbid signatories from raising taxes ever under any circumstances. things come to a head in the summer of 2011, republicans demand the government reduce the deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose the ability to borrow money. both democrats and republicans deploy scorch earth tactics that nearly shut down the government and ultimately cost america its aaa credit rating for the first time in history. but in a last-minute compromise, both sides agree to $1 trillion in spending cuts up front and another $1.2 trillion in cuts to be decided by a special congressional super committee. but a poison pill was attached. if the super committee can't reach a deal, automatic across the board cuts known as the sequester would go into effect starting january 2013. at the exact moment when those bush tax cuts extended for two years, if you remember, would expire. so the point is,
grover norquist, president of americans for tax reform. norquist's pledge signed by almost all republicans in congress forbid signatories from raising taxes ever under any circumstances. things come to a head in the summer of 2011, republicans demand the government reduce the deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose the ability to borrow money. both democrats and republicans deploy scorch earth tactics that nearly shut down the government...
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grover norquist with the president. robert reich against the president. >> i was listening to that interview closely. we're going to have him on later again. that was quite remarkable. i think that's what you're seeing playing out here. everything doesn't fit neatly into the corners here. there are republicans who think that threshold above which people will pay extra tax is too high, doesn't bring enough revenue in, and grover norquist, i was very surprised when he told you he thinks this deal, he hasn't read it, meets the smell test and he would give approval for republicans to vote for it. >> republicans in the house tomorrow as well. stand by for a moment. the u.s. draws closer and closer to that fiscal cliff. the defense department is facing billions in budget cuts. how a furlough could affect civilian employees in the u.s. and around the world. oh, hey mike. what are you up to? oh, just diagramming this accident with my state farm pocket agent app. you can also get a quote and pay your premium with this thing. i t
grover norquist with the president. robert reich against the president. >> i was listening to that interview closely. we're going to have him on later again. that was quite remarkable. i think that's what you're seeing playing out here. everything doesn't fit neatly into the corners here. there are republicans who think that threshold above which people will pay extra tax is too high, doesn't bring enough revenue in, and grover norquist, i was very surprised when he told you he thinks...
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number two, we've got grover norquist versus the gop. and here's what's fascinating. he's been a major player, a huge figure, and yet the push back has been growing. the tide has been swelling. take a look at this montage clip of republicans pushing back on grover norquist in the atr pledge. >> i'm not obligated on the pledge. >> when you're $16 trillion in debt, the only pledge we should be making to each other should be avoid greed. >> i never signed the pledge. >> he's becoming irrelevant. you can see it in his eyes. he knows the game is up. >> a pledge you sign 20 years ago, 18 years ago, is for that congress. >> i'm going to be the one to determine what a tax increase is. grover norquist is not going to determine what a tax increase is. >> message seems clear. don't fear the grover. that echoes throughout the upper echelons of the gop. >> boehner put tax revenues on the table and we heard nothing from norquist. this is a false drama, manufactured by people like you who can't stand norquist. >> people like me? just because the emperor's wearing no clothes and i th
number two, we've got grover norquist versus the gop. and here's what's fascinating. he's been a major player, a huge figure, and yet the push back has been growing. the tide has been swelling. take a look at this montage clip of republicans pushing back on grover norquist in the atr pledge. >> i'm not obligated on the pledge. >> when you're $16 trillion in debt, the only pledge we should be making to each other should be avoid greed. >> i never signed the pledge. >>...
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we talked to steven moore, grover norquist, pat toomey. some just think taxes should never go up on people. others think if you increase taxes it will hurt the economy. that may actually have some truth to it. but there's a tone deafness out there that has now superseded all of this, congressman, and it is -- we just heard mitch mcconnell, i don't know why people say things like this, but they make people wonder about legislators saying on the floor of the senate, i worked all day saturday to get this thing done. there's been -- i can't say this enough times. you have had 516 days to get this done and you have had 12 years to deal with the bush era tax cuts. what's the problem? >> you know, ali, i can't agree with you more. we actually passed a budget in the house back in the springtime, passed it to the senate. the senate was unable to pass a budget at all. they actually voted down the president's budget 97-0. so while the democrats are talking so much about the president's leadership, they did not support him back in the spring. in augus
we talked to steven moore, grover norquist, pat toomey. some just think taxes should never go up on people. others think if you increase taxes it will hurt the economy. that may actually have some truth to it. but there's a tone deafness out there that has now superseded all of this, congressman, and it is -- we just heard mitch mcconnell, i don't know why people say things like this, but they make people wonder about legislators saying on the floor of the senate, i worked all day saturday to...
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robert reich and grover norquist. we're getting new word now on the vice president of the united states, joe biden. what will he do if there's a senate vote tonight? stand by. where is flo? anybody know where flo is? are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot. yo, buddy! i got this. gimme one, gimme one, gimme one! the power of the "name your price" tool. only from progressive. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec
robert reich and grover norquist. we're getting new word now on the vice president of the united states, joe biden. what will he do if there's a senate vote tonight? stand by. where is flo? anybody know where flo is? are you flo? yes. is this the thing you gave my husband? well, yeah, yes. the "name your price" tool. you tell us the price you want to pay, and we give you a range of options to choose from. careful, though -- that kind of power can go to your head. that explains a lot....
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that was a pledge to grover norquist or by grover norquist's organization. he's turned his back on the pledge, peddled by grover norquist and his powerful lobby group, americans for tax reform. latourette says all options need to be on the table to avert a fiscal cliff. he joins us now. congressman latourette it looks like republicans are ready to raise rates on individuals making 400,000 aids ye$400,000 . is that the kind of compromise you had expected to take place? >> no, this is disgusting, quite frankly. and dysfunctional. latourette, by the way, in french, means dysfunctional. i'm used to it. i'll tell you that we find ourselves here after the 73 months that you talked about, and this is as good as it is going to get, it is really ridiculous and everybody here should be hanging their head in shame. >> we feel the same way. we got this fiscal cliff mess as a result of being up against the government's borrowing limit, the debt ceiling in august of 2011. we are expected to hit that debt limit again today. the treasury department says it can keep on payin
that was a pledge to grover norquist or by grover norquist's organization. he's turned his back on the pledge, peddled by grover norquist and his powerful lobby group, americans for tax reform. latourette says all options need to be on the table to avert a fiscal cliff. he joins us now. congressman latourette it looks like republicans are ready to raise rates on individuals making 400,000 aids ye$400,000 . is that the kind of compromise you had expected to take place? >> no, this is...
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the truth is, grover norquist is not just a guy. he's a guy who heads a lobby group with very powerful resources. one that uses millions of dollars in funding to get candidates elected and get others defeated. that is not democracy at work. that is lobbying money at work. and pledges like this don't make sense in a dynamic economy. we got to give our elected officials the tools and the leeway to do their jobs properly. and not hamstring them with promises that are made in a vacuum. promises that are made without context. so if members of congress, republicans and in particular, were able to free themselves from norquist's shackles, and take a real look at the merits versus the risks of raising taxes, they would see something interesting. while raising taxes is never ideal, the net effect to the economy of increasing the tax burden only on that portion of one's income that is higher than a quarter of a million dollars, by 4.6 percentage points, would have a negligible effect. that's because the proportion of what you need to spend on
the truth is, grover norquist is not just a guy. he's a guy who heads a lobby group with very powerful resources. one that uses millions of dollars in funding to get candidates elected and get others defeated. that is not democracy at work. that is lobbying money at work. and pledges like this don't make sense in a dynamic economy. we got to give our elected officials the tools and the leeway to do their jobs properly. and not hamstring them with promises that are made in a vacuum. promises...
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>>fr progressives don't like grover norquist. now a message to washington. >> this shows how incredibly out of touch you are, are you off in la la land and everybody is saying you are acting like a bunch of spoil brats who are more interested in being wririg than doing the right thing for the people who elected you. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes, like we're supposed to. so... can i get it? yeah. okay either of you put together the earnings report yet? yes, me totally. what? why don't you tackle the next quarter. you eat yet? polynesian? pu pu platter? yup! keep up the good work. i will keep up the good work. do more with the new samsung galaxy note ii. i've always kept my eye on her... but with so much health care noise, i didn't always watch out for myself. with unitedhealthcare, i get personalized information and rewards for addressing my health risks. but she's still going to give me a heart at
>>fr progressives don't like grover norquist. now a message to washington. >> this shows how incredibly out of touch you are, are you off in la la land and everybody is saying you are acting like a bunch of spoil brats who are more interested in being wririg than doing the right thing for the people who elected you. tyeah, its the galaxy note ii.re great. you can do two things at the same time. you can watch videos and text. or you could watch the earnings report and take notes,...
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we know that grover norquist may or may not have influence, but in the end, what is holding them back from a deal right now? >> one thing that is holding them back is that speaker boehner does not have full control over the conference. he has about 50 votes on the far right of the party that did not back his plan b to set a $1 million threshold. at the end of of the day, if a deal is going to be done, it is only going to happen if the center of both parties comes together. if you make any concessions significant to the democratic base, you will have concessions on the far right as well. that coalition is ultimately what got us across the finish line that ended the whole debacle of the credit rating, and here we are again. there is not that much time. if we go over the cliff, democrats are willing to put forth a bill to save the tax cuts, but it is the dysfunction that is the problem and the lack of predictable and the prediction of brinkmanship that has folks at home furious and it should. >> i am getting a lot of twitter activity on this, and that is the chain cpi and we have heard a
we know that grover norquist may or may not have influence, but in the end, what is holding them back from a deal right now? >> one thing that is holding them back is that speaker boehner does not have full control over the conference. he has about 50 votes on the far right of the party that did not back his plan b to set a $1 million threshold. at the end of of the day, if a deal is going to be done, it is only going to happen if the center of both parties comes together. if you make any...
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norquist. you signed the pledge not to sign taxes. >> i did. >> he supported speaker boehner's plan "b" and said it wouldn't violate his pledge. here's what he told us earlier this week. listen. >> i think in fact, plan "b" is a good step to protecting tax cuts for everybody. >> if you look at current law, current law says as we all know, part of the fiscal cliff '01, '03 tax relief measures will expire on january 1st. at this point, everybody's taxes go up. we all know that. we all want to forestall that. >> how high are you willing to go? if not a million, than what? >> well, let's bear in mind that every new tax burden we apply has consequences for the real economy and for growth, so the very west thing we could do, the very best thing we could do is we're not increasing taxes -- are you don't want to agree to that? >> exactly. i would imagine we're going to work our way and make the threshold. if that's where people have to go, we'll make the threshold as high as we can. because the more re
norquist. you signed the pledge not to sign taxes. >> i did. >> he supported speaker boehner's plan "b" and said it wouldn't violate his pledge. here's what he told us earlier this week. listen. >> i think in fact, plan "b" is a good step to protecting tax cuts for everybody. >> if you look at current law, current law says as we all know, part of the fiscal cliff '01, '03 tax relief measures will expire on january 1st. at this point, everybody's taxes...
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we'll speak with grover norquist about the likelily hood of a deal in washington. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance.
we'll speak with grover norquist about the likelily hood of a deal in washington. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000...
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e he eel talk to the president and founder of americans for tax reform, grover norquist. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. >>> checking stories that are trending this hour, how about taking a look at this snake? it is a python, 17 feet long. wandered, i like that word, into a florida everglades picnic area. it was shot and killed by a park ranger. >> we just made your day a very exciting one. we just taxied off the taxiway into th
e he eel talk to the president and founder of americans for tax reform, grover norquist. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say...
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but today the philosophy's main spokesman is this man, grover norquist. president of americans for tax reform. norquist's pledge, signed by almost all republicans in congress, forbids signatories from raising taxes ever, under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose its ability to borrow money. both democrats and republicans deploy scorched earth tactics that nearly shut down the government and ultimately cost america its aaa credit rating for the first time in history. >>> but in a last minnesota minute compromise, both sides agree to $1 trillion in spending cuts up front, and another $1.2 trillion in cuts to be decided by a special congressional super committee. but a poison pill was attached. if the super committee can't reach a deal, automatic across the board cuts known as the sequester would go into effect, starting january 2013. at the exact moment when those bush tax cuts extended fo
but today the philosophy's main spokesman is this man, grover norquist. president of americans for tax reform. norquist's pledge, signed by almost all republicans in congress, forbids signatories from raising taxes ever, under any circumstances. things come to a head in the summer of 2011. republicans demand the government reduce its deficit as a condition for raising the nation's debt ceiling. without a deal, the u.s. would lose its ability to borrow money. both democrats and republicans...
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grover norquist. president of american's for tax reform. norquist's pledge signed by almost all republicans by congress forbids raising taxes ever under any circumstances. things come to a head in the summer of 2011. republicans demand that the government reduce its deficit as a condition for raising the debt ceiling. both democrats and republicans earth tactics that shut down the government and ultimately cost america its aaa credit rating for the first time in history. but in a last-minute compromise, both sides agree to a trillion dollars in spending cuts up front and another $1.2 trillion in cuts to be decided by a special congressional supercommittee. but a poison pill was attached. if the supercommittee can't reach a deal, automatic across the board cuts known as a sequester would go into effect be at the exact moment when those bush tax cuts extended for two years would expire. so the point is we could have all seen this coming and some of us did. we yelled at the top of our lungs about it but were drowned out by the election. it see
grover norquist. president of american's for tax reform. norquist's pledge signed by almost all republicans by congress forbids raising taxes ever under any circumstances. things come to a head in the summer of 2011. republicans demand that the government reduce its deficit as a condition for raising the debt ceiling. both democrats and republicans earth tactics that shut down the government and ultimately cost america its aaa credit rating for the first time in history. but in a last-minute...
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norquist. what role do the pledges play in our inability to compromise? >> well, i'm certain it does play a role. i've never signed these pledges because my obligation to the people who elected me and that's the way it should be for each member of congress, because times change. the circumstances change, you have to address the issue at hand. it is important to have extending the tax cuts for especially the middle income but secondly to put spending cuts on the table. we have a large debt problem and i understand as far as the republican position is concerned, so that does have credibility, and we have to come to the table on both of those issues, but i think more than anything else, what is deeply troubling is that you can't get congress and the president to reach any accord on anything. we can't even do routine business, let alone the matters that could affect the future of this country. >> olympia snowe you and what you represent will be missed in the senate. senator olympia snowe republican
norquist. what role do the pledges play in our inability to compromise? >> well, i'm certain it does play a role. i've never signed these pledges because my obligation to the people who elected me and that's the way it should be for each member of congress, because times change. the circumstances change, you have to address the issue at hand. it is important to have extending the tax cuts for especially the middle income but secondly to put spending cuts on the table. we have a large debt...
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house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now a
house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to...
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norquist to allow any taxes for revenues whatsoever. we had meetings with the vice president biden and cantor. he walked out of it. he's the majority leader in the house. we had this supercommittee and they were doing good things. good things. dealing with entitlements and revenues and a week before they were to report, by virtue of a statute, i get a letter signed by virtually every republican, too bad about the supercommittee. we're not going to do anything with revenues. >> okay. i think that's a good place to end this. what you're hearing is the history of what has happened to bring us to this point. i want to bring in our congressional correspondent dana bash. dana, i was just sitting here imagining someone turning on their tv thinking, what a these people talking about? and i think i would sort of boil it down to this. when they are talking on the floor, that's never a good sign. they should be talking in a back room. they have gotten nowhere. we are where we are and nobody has agreed on to come up with something. >> reporter: tha
norquist to allow any taxes for revenues whatsoever. we had meetings with the vice president biden and cantor. he walked out of it. he's the majority leader in the house. we had this supercommittee and they were doing good things. good things. dealing with entitlements and revenues and a week before they were to report, by virtue of a statute, i get a letter signed by virtually every republican, too bad about the supercommittee. we're not going to do anything with revenues. >> okay. i...
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so when the deal was approved ton the 1st, well, listen to anti-tax activist, grover norquist. >> so we're not raising taxes, we're actually cutting taxes. >> you're saying because the bush tax cuts have expired yesterday? >> yes. >> and what about the democrats? vice president joe biden is very much back in the conversation for 2016, after a shout-out from the president. >> i want to thank all of the leaders of the house and senate. in particular, i want to thank the work that was done by my extraordinary vice president, joe biden. >> reporter: but there's one problem, the fiscal mess that is so big, even deficit hawk, alan simpson, did the gangnam style to call attention to it, hasn't gone anywhere. >> let me just say that if this is a problem that we haven't dealt with before the next presidential election, 2016, nobody should want or have that job, because the country will be in such bad shape. >> so the fiscal cliff was just a preview of coming attractions. votes on the debt ceiling and those spending cuts in the fiscal cliff are just around the corner. and they could, potential
so when the deal was approved ton the 1st, well, listen to anti-tax activist, grover norquist. >> so we're not raising taxes, we're actually cutting taxes. >> you're saying because the bush tax cuts have expired yesterday? >> yes. >> and what about the democrats? vice president joe biden is very much back in the conversation for 2016, after a shout-out from the president. >> i want to thank all of the leaders of the house and senate. in particular, i want to thank...